The chart shows everything, but let me explain briefly what I have in mind:
I anticipate BTCUSDT to have a correction to 38-42 region in the short-term.
In 1 hour timeframe, last night we had a fake breakout of the uptrend, hasty bears opened their short position, then the price pumped and liquidated them all :) .
Afterwards, price jumped above the resistance which had stopped BTCUSDT previously, then hasty bulls opened their long position, the price dumped and they also got liquidated :))
Daily candle closed Bearish and the RSI divergence in 4 hour timeframe is also obvious.
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.